Some Key Benefits of IS Audit Service

 

IS Audit Service

The audit is an assessment process to identify and locate the malpractices and weaknesses that happened in the system. Normally the audit attributes to the finance sector. But an Information System (IS) also goes under the audit for analyzing the risks and possible threats that may happen. It controls an organization's information management system, operations, and practices.

The analysis obtained through IS audit determines the safety of the system. There are specialists to provide IS audit services for the companies that are in the need of outsourced services. It helps to maintain data integrity The audit covers system and application; information processing facilities; system development; management of IT and enterprises. This auditing and maintenance may help to achieve the organization’s goal and achievement. The risk and threat to the entire network have to be resolved at the earliest.

The Process of IS Audit Services

There are four steps in the process of audit

• Audit planning – this is the initial plan, in this phase, the very first step is to get the detailed audit chart from the client. This chart figures out the purpose of the audit, management responsibility, accountability of the information system, and authority. 

• Audit checklist preparation – In this phase, you will get the services from the service providers during the audit process and ensure it is conducted systematically. An information base is created for future references. 

• Audit Execution – according to the business process requirement, they review all the essential documents for preparing the questionnaires. 

• Audit reporting –they provide the report as per their findings that describe the observation, finding, and recommendations.

The IS audit services have some benefits.

• Reduction of IT risk – they are assessing the entire system so that the risk can be reduced. 

• Improving IT governance – improving security with regulations and communications between technology and business management. 

• Standardizing the information system

• Planning for disaster recovery

• Improved management of information systems for the business enterprise.

These are some of the benefits of appointing an IS audit service provider for your information system.  These service providers should have enough track records for proving their caliber in the audit.